Asia

Chevron Oronite announced Wednesday its final investment decision to expand its lubricant additive facility in Ningbo, in China’s Zhejiang province, ...

Bulgaria’s Caspian Lubricants Recycling announced plans to invest in a new base oil rerefinery near Baku, Azerbaijan, according to the state Agency ...

Availability of a few base oil grades has tightened in Asia, catapulting prices to higher levels, while other cuts seem to be more balanced against de ...

Yushiro Chemical reported increased fiscal-year net profit and sales for the quarter ended March 31, while specialty chemical producer KH Neochem post ...

South Korea exported 19% less base oil at a 32% drop in reported value in April, according to data released earlier this week by a government agency.

Refiners in India increased base oil production by 8% for the fiscal year ended March 31, leaning on a recent expansion at a plant operated by Indian ...

South Korea’s GS Caltex’s base oils and lubricants division reported a small decrease in operating profit for the first quarter ended March 31, wh ...

Trading in some base oil segments was brisk, but some corners of the market have started to slow down, perhaps because consumers have become increasin ...

Chemical maker Denka Co. has agreed to by a 50% stake of Mitsubishi Chemical’s Frontier Carbon Corp., forming a joint venture aimed at expanding pro ...

The base oil and finished lubricant businesses of SK Enmove and S-Oil both reported declines in profits for the quarter ending March 31, while joint v ...

Finished lubricant production in Japan fell 22%, and domestic lubricant sales declined 13% in March, according to data released Tuesday by a governmen ...

Supply and demand fundamentals in several base oil segments were balanced-to-tight, allowing for prices to remain on a steady course or edge up slight ...

United States-based D-A Lubricant Co. announced it will establish its brand in Asia through a new partnership with Chinese lubricant toll blender Shan ...

Major Chinese blenders believe investing in differentiation, efficiency and expansion is the only way to attract big clients, speakers said at a side ...

Saudi Aramco said this week that it may take a minority stake in a Chinese oil company – a deal that would give it an interest in yet another base o ...

Increased availability of some base oil grades was starting to exert downward pressure on prices in Asia, but values for most cuts were steady-to-firm ...

A tightening supply and demand scenario in some segments of the Asian market drove prices to steeper levels, while other segments showed little fluctu ...

China is close to approving D1, the nation’s first diesel engine oil performance specification, a speaker from China National Petroleum Corp. said a ...

ExxonMobil has reached an agreement for its base stocks to be distributed in South China by EMB, a joint venture that already performs similar functio ...

China has for years been the world’s largest importers of base oils and barely an exporter, but both of those numbers are now trending in the opposi ...